Posted
by
kdawson
on Tuesday May 12, 2009 @07:10AM
from the meet-the-new-boss dept.

Hugh Pickens writes "In a surprise corporate move, after Rackable Systems received bankruptcy court approval on April 30 to close its purchase of SGI, the company announced on Monday that the deal had closed and that the combined company would be called SGI — short for Silicon Graphics International instead of the original Silicon Graphics Inc. The revival of the SGI brand will certainly please people in Silicon Valley with a historical bent, as SGI has been one of the area's true icons. However, some consider this a curious turn of events, considering that Rackable has come to represent the new guard in the server market, while SGI has struggled for years. Executives hope the name change will help it expand its business overseas, where SGI is a better-known brand. The new SGI will also continue to develop and support the high-performance computing systems that Silicon Graphics was known for, says Rackable's president and CEO. 'There should be no disruption to Silicon Graphics customers.'"